168极速赛车开奖,168极速赛车一分钟直播 Egypt Ventures Archives - My Startup World - Everything About the World of Startups! https://mystartupworld.com/tag/egypt-ventures/ Thu, 03 Apr 2025 02:46:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 168极速赛车开奖,168极速赛车一分钟直播 InfiniLink secures $10M from MediaTek, Sukna Ventures, and Egypt Ventures https://mystartupworld.com/infinilink-secures-10m-from-mediatek-sukna-ventures-and-egypt-ventures/ Wed, 02 Apr 2025 05:36:57 +0000 https://mystartupworld.com/?p=42150 InfiniLink, an innovative semiconductor startup specializing in advanced optical data connectivity chips for AI-driven data centers, announced the successful closure of a $10M funding round. This seed-stage investment was joined by MediaTek, a leading fabless semiconductor company, and Sukna Ventures, based in Riyadh, Saudi Arabia, with participation from the Egyptian VC firm Egypt Ventures and angel investor […]

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InfiniLink, an innovative semiconductor startup specializing in advanced optical data connectivity chips for AI-driven data centers, announced the successful closure of a $10M funding round. This seed-stage investment was joined by MediaTek, a leading fabless semiconductor company, and Sukna Ventures, based in Riyadh, Saudi Arabia, with participation from the Egyptian VC firm Egypt Ventures and angel investor M Empire Angels.

Since its founding in 2022, InfiniLink developed groundbreaking Silicon Photonics integrated optical transceiver chiplets (iOTC) technology. The funding will enable the company to advance its mission of transforming data center connectivity leveraging its deep expertise in Analog Mixed-Signal and Photonics. As AI workloads and data-intensive applications drive an exponential rise in bandwidth demands, traditional electrical and optical interconnects are hitting power and scalability limits. InfiniLink’s iOTC technology addresses these challenges by enabling low-power pluggable transceiver modules and high-bandwidth-density co-packaged optical engines (CPO). These solutions provide ultra-high-speed, energy-efficient data connectivity essential for the next generation of AI-driven data centers.

“Collaborating with MediaTek will be instrumental in advancing our vision for cutting-edge optical connectivity solutions,” said Ahmed Aboul-Ella, Co-founder and CEO of InfiniLink. “With this strategic partnership, we look forward to accelerating the commercialization of our innovative technologies. We believe it will make a significant impact on data center optical connectivity.” added Aboul-Ella.

“We are thrilled to be part of InfiniLink’s journey. Over the past three years, our partnership has been very successful, culminating in the establishment of MediaTek Egypt. We look forward to further scaling our collaboration in the region with this investment,” said George Chien, Senior General Manager, MediaTek.

“At Sukna Ventures, we are proud to partner with InfiniLink. Their groundbreaking optical connectivity technology, engineered by an exceptionally skilled team, addresses AI’s relentless energy demands in data centers. This innovation perfectly aligns with our mandate to empower high-potential startups from the MENA region, and we are committed to supporting their international scaling efforts,” said Waleed Alballaa, General Partner at Sukna Ventures.

“With the combined expertise of our investors, we are well-positioned to accelerate product development, expand globally, and meet the surging demand for AI-driven connectivity solutions.” concluded Ahmed Aboul-Ella.

 

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168极速赛车开奖,168极速赛车一分钟直播 Gahez raises $2 million in its latest funding round https://mystartupworld.com/gahez-raises-2-million-in-its-latest-funding-round/ Mon, 03 Jan 2022 12:59:32 +0000 http://mystartupworld.com/?p=27378 Egypt-based e-commerce startup and B2B fashion marketplace Gahez has successfully raised $2 million in its latest funding round. The pre-Seed round was led by Disruptech Ventures with the participation of Egypt Ventures, Tanmeyah (an EFG Hermes company), Afropreneur fund, and other strategic angel investors. Making their debut towards the end of 2021, Gahez operates as […]

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Egypt-based e-commerce startup and B2B fashion marketplace Gahez has successfully raised $2 million in its latest funding round. The pre-Seed round was led by Disruptech Ventures with the participation of Egypt Ventures, Tanmeyah (an EFG Hermes company), Afropreneur fund, and other strategic angel investors.

Making their debut towards the end of 2021, Gahez operates as an online marketplace that set forth to transform the wholesale distribution platform by streamlining the process between retailers and manufacturers, providing an improved online trading cycle. Adopting a data-driven approach, Gahez has successfully unburdened fashion retailers from the current inefficacy and obstacles in procurement and has facilitated their selection of products and sourcing options. In addition, Gahez provides on-credit facilities to the retailers easing the collection process while handling their cash settlement with suppliers via third-party aggregators.

Manufacturers and brands now have direct access to thousands of traders enabling them to enhance their margins and attract new types of buyers without having to deal with the logistical aspect of their business cycle. Gahez’s platform supports manufacturers and brands by providing powerful sales, marketing, and analytics tools to simplify their operations, thus focusing on making the right products and growing their business.

Since its launch in 2021, Gahez has been able to expand its footprint to 16 governorates across the country, on-boarding over 15,000 retailers, 142 manufacturers, and over 4,000 SKUs (Gahez’s SKU is a wholesale set of sizes & colours) onto their platform with a focus on brick-and-mortar stores, online sellers and street vendors. Industry veteran and Gahez co-founder/CEO Wael Olama reflected on their expansion and growth, “We are on a mission to revolutionise the way retailers shop for their stores by relieving the stress of managing and sourcing. We believe that the Egyptian/African apparel market is untapped and widely fragmented, which provides Gahez with the perfect opportunity (relying on technology) to scale and position itself within the sphere. The market size of apparel in Egypt amounts to $24 billion rendering the market potential infinite. Alongside, Egypt’s exports around $2 billion worth of apparel mostly to the US and EU markets, there’s a huge potential for growth in the African markets, and this can happen rapidly only through the digital world.”

Gahez is tapping into the huge underserved market of street resellers, supplying them with smaller ticket-size transactions to empower their trading ability, providing them with better margins and variety. In response to strong demand from neighbouring African countries, Gahez will be accelerating its growth and geographical expansion within the region. The Egypt-based startup will channel its newly acquired funds into building world-class technology and hiring top talent that will enable Gahez to cater to all the targeted customer segments and future expansion. Mohamed Okasha, Disruptech Managing Partner concluded, “We are excited to support Gahez’s business expansion plan through our board seat and strategic input. The team is paving the way to digitising the region’s fashion wholesale market. With this investment, I am certain that they will be able to fulfil their targeted milestones.”

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